Chief Minister Allan Bell MHK has hailed the Island’s ‘remarkable national achievement’ following confirmation of its 30th consecutive year of economic growth and GDP reaching £4 billion for the first time.

The Department of Economic Development is running a seminar on its Small Business Start Up Scheme (SBSUS) for anyone interested in setting up their own business. This will also coincide with the Scheme’s 100th course since its inception in 1996.

Organisations from across the Isle of Man are being invited to participate in Employment and Skills 2014, the largest local event highlighting career and training opportunities for Isle of Man residents.

A delegation from the China Securities Regulatory Commission (“CSRC”) has visited the Island at the invitation of the Chief Minister to sign a Memorandum of Understanding (“MOU”) with the Financial Supervision Commission (“FSC”). The MOU on regulatory cooperation in respect of securities’ markets was signed yesterday.

Preparations are being finalised for a major Isle of Man presence at the International Festival for Business which starts next week.
The Department of Economic Development along with more than 50 Isle of Man firms from a number of sectors have committed to take part in the Festival, which is being held in Liverpool and the North West beginning on Monday 9th June.

The Department of Economic Development has signed a Memorandum of Understanding with Liverpool Vision which will assist in the promotion and development of economic co-operation and overseas investment between the Isle of Man and Liverpool City Region.

The Minister for Economic Development John Shimmin MHK is confident that his Department will help drive further economic growth and job creation following the Treasury Minister’s Budget speech earlier this week.